HNI EVP Berger sells 23.7K shares (22.7% of holdings) at $55.06 avg; stock up 3.1% in 30d, 13.0% in 90d.
Vincent P. Berger, EVP at HNI Corp, executed four separate sales totaling 23,654 shares (23.7K shares) for $1,302,282.82 ($1.3M) on 2024-10-16 and 2024-10-17, reducing his holdings from 104,337 shares to 80,683 shares—a net reduction of 22.7% versus pre-transaction holdings. The sales occurred at a blended average price of $55.06, near the 52-week high of $55.54 (-1.6% from peak). Over the same post-transaction window, HNI stock has posted a 30-day return of +3.1% and a 90-day return of +13.0%. Berger's prior three trades at HNI (all in August 2024) each showed a 30-day return of +3.3%, with 90-day outcomes not yet measurable; across his broader cross-ticker history, his three prior sells averaged a 30-day return of +3.3%, suggesting a pattern where post-sale price movement has not favored early exit timing. The transaction occurs in a company with a P/E of 22.58 and recent quarterly revenue of $623.7M with net income of $36.0M, posting annual revenue growth of +3.1%.